Tag Archives: NCCI

15 Terms to Know When Renewing Workers Compensation Insurance

Insured The insured person is the business or entity involved in an insurance relationship that is protected under the policy. The insured can be an individual, a business, or a non-profit organization. Insurer The Insurer is a term referring to the insurance carrier who is offering coverage under the policy…. Read more »

Swimming Pool Maintenance

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NCCI Class Code 9014 | Swimming Pool Maintenance NCCI stand for the National Council on Compensation Insurance.  NCCI is the main governing body in most states for workers comp codes. Not every state partners with NCCI for their workers compensation system, but those that do tend to enjoy favorable rates on… Read more »

Nevada Workers Compensation Rates 2019

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In 2019 Nevada Workers Compensation Rates will be Some of the Lowest in the Country Effective the first of March, 2019; Nevada Workers Compensation Rates will be 8.1% lower than the previous year. This is great news because rates on coverage were already the 46th most expensive state for purchasing… Read more »

The State of Utah Workers Compensation System in 2019

Utah Workers Compensation Rates 2019 The Utah Workers Compensation System is different from the way other states administer the ‘Exclusive Remedy’. The business community benefits from these differences in the form of some of the lowest rates for workers comp premium in the United States of America. In the state… Read more »

What is NCCI?

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NCCI is a non-profit insurance rating bureau dedicated to fostering a healthy workers compensation system for the states the organization partners with. NCCI gathers data, analyzes industry trends, provides objective insurance rates, and loss cost recommendations in an attempt to bolster the health of the systems within the states it partners with…. Read more »

Indiana Workers Compensation Rates are Declining by 7.6%

See What is Contributing to The Improvements in The Indiana Workers Compensation System Workers Compensation Rates in the state of Indiana are declining in 2019. The amount they are declining is by an average of 7.6 percent. The Indiana Department of Insurance approved the rate decrease in October.  The savings… Read more »

Workers Comp Rates in North Carolina are Declining by 17.2% in 2019

See how this decline will impact the North Carolina Business Community In the year 2019, North Carolina Businesses will be paying an average of 17.2% less for workers compensation insurance premium. This is in addition to a 12.5% decrease in 2017 and 8.5% decrease in 2016.  According to Mike Causey,… Read more »

Colorado Workers Compensation Insurance Rates 2019

In 2019 Colorado Workers Compensation Insurance Rates are Declining by 10 percent Colorado Workers Compensation Insurance Rates in 2019 will be decreasing by 10 percent on average across all classification codes. This decrease will go in to effect on January 1, 2019; representing  the fourth straight year Colorado has enjoyed a… Read more »

Workers Compensation Rates Tennessee 2019

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Workers Compensation Rates Tennessee 2019 Workers Compensation Rates Tennessee 2019 are heading in the right direction again this year. This time in the amount of a 19 percent decrease on recommended workers compensation rates for businesses throughout the state. This is the third consecutive decline preceded by decreases of 12.6%… Read more »

Key Terms for Workers Compensation Insurance

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7 terms to familiarize yourself with when purchasing Workers Compensation Insurance Insurance is like many industries, there is a lot of industry jargon. This jargon is hard to understand, even for people who are experienced business owners or even some people who work in the insurance industry. Here are 10… Read more »